Kimberly Hammonds - 06 Jul 2021 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
08 Jul 2021, 18:46:09 UTC
Prior SEC filing
16 Jun 2021
Next SEC filing
02 Sep 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Aparna Bawa, Attorney-in-Fact

Key filing fact

Kimberly Hammonds filed Form 4 for Zoom Video Communications, Inc. (ZM) on 08 Jul 2021.

Key facts

  • This page summarizes Kimberly Hammonds's Form 4 filing for Zoom Video Communications, Inc. (ZM).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 08 Jul 2021, 18:46.

Change

  • Previous filing in this sequence was filed on 16 Jun 2021.
  • Current net transaction value: -$6,250,792.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ZM transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+15,625
Change %
Price
$0.000000
Shares after
15,625
Date
06 Jul 2021
Ownership
Direct
ZM transaction

Class A Common Stock

Sale

Transaction value
$6,250,792
Shares
-15,625
Change %
-100%
Price
$400.05*
Shares after
0
Date
06 Jul 2021
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ZM transaction Derivative

Director Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-15,625
Change %
-24%
Price
$0.000000
Shares after
50,000
Date
06 Jul 2021
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
15,625
Exercise price
$3.77
Footnotes
F3, F4
ZM transaction Derivative

Class B Common Stock

Options Exercise

Transaction value
$0
Shares
+15,625
Change %
Price
$0.000000
Shares after
15,625
Date
06 Jul 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
15,625
Exercise price
Footnotes
F4
ZM transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-15,625
Change %
-100%
Price
$0.000000*
Shares after
0
Date
06 Jul 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
15,625
Exercise price
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

Footnote F2

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $400.00 to $400.26. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

Footnote F3

1/48 of the shares subject to the option vests in equal monthly installments commencing one month from September 12, 2018. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.

Footnote F4

Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's IPO.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .